why are demand deposits considered as money
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Demand deposits are considered as money, because they can be withdrawn when required and themoney withdrawn can be used for making payments. So, they are alsoconsidered as money in the modern economy.
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Demand deposits are considered as money, because they can be withdrawn when required and themoney withdrawn can be used for making payments. So, they are alsoconsidered as money in the modern economy.
I HOPE THIS ANSWER IS HELPFUL
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